CWY - Cleanaway Waste Management

[michael_selway]

Re: TPI - Transpacific Industries

We should know more about Cleanaway by the end of this month.

I sold all my holdings for 9.39 yesterday. So I'm out. Bought in at 4.49 around late last year. Had a good run.

Wow sold everthing? so u dont think it can go up or go up much more from here?

thx

MS

 

[Chief Wigam]

Re: TPI - Transpacific Industries

Yes and picked the recent high too.

I reckon they may post a positive announcement soon based on their track record, so I may get back in if and when the time is right.

 

[Chief Wigam]

Re: TPI - Transpacific Industries

Now that the Cleanaway bid has been lost, as expected based on dropping share price in recent weeks, I am looking forward to another acquisition announcement soon. I'm holding TOX as a potential takeover play.

 

[michael_selway]

Re: TPI - Transpacific Industries

Now that the Cleanaway bid has been lost, as expected based on dropping share price in recent weeks, I am looking forward to another acquisition announcement soon. I'm holding TOX as a potential takeover play.

WIll u buy back in TPI?

thx

MS

 

[Chief Wigam]

Re: TPI - Transpacific Industries

Mike, Not yet. Are you trading it, or holding?

 

[michael_selway]

Re: TPI - Transpacific Industries

Mike, Not yet. Are you trading it, or holding?

neither, but thinking about buying, but not too sure atm

thx

MS

 

[michael_selway]

Re: TPI - Transpacific Industries

Waste takeovers just got pricier

Back
Date: 27/6/2006
Author: Henry Byrne
Source: The Australian Financial Review --- Page: 21

The future of Australian waste management firm, Transpacific Industries, is under a cloud. Some analysts believe its failure to buy Brambles' Cleanaway and Industrial Services businesses creates strategic problems. On the other hand, there are those who point to the size of the integration task this would have posed and its impact on earnings. The waste management sector comprises many small businesses, which means there are still buying opportunities for Transpacific. The company itself concedes that slower growth will create more value for shareholders over the medium to long term

Earnings and Dividends Forecast (cents per share)
2005 2006 2007 2008
EPS 11.4 24.2 36.7 47.6
DPS -- 11.2 17.0 24.2

thx

MS

 

[Chief Wigam]

Re: TPI - Transpacific Industries

Michael, did you end up buying or leaving this in the too hard basket?

I can't find much coverage of TPI by analysts. Have you see any other articles?

 

[michael_selway]

Re: TPI - Transpacific Industries

Michael, did you end up buying or leaving this in the too hard basket?

I can't find much coverage of TPI by analysts. Have you see any other articles?

Hi CW, nope didnt by any but ut appears directors have

Date: 7/8/2006
Author: Nina Wan
Source: The Australian Financial Review --- Page: 17

Transpacific Industries and CuDeco have both enjoyed director share purchases in late July and early August 2006. Non-executive director John Richards acquired 300,000 shares in Transpacific between 27 July and 1 August, and another non-executive director, Bruce Brown, bought 15,000 shares on 1 August. The Australian waste management company suffered a 32% share price crash over the three months since early May, but began an upturn in early August after it announced a series of acquisitions. Meanwhile CuDeco chair Wayne McCrae acquired yet more of the colourful copper miner's stock, purchasing 16,700 shares on 26 July. On 4 August Transpacific closed at $A6.76 per share and CuDeco closed at $A3.15

thx

MS

 

[Julia]

Re: TPI - Transpacific Industries

TPI have also come out with a new hybrid security paying around 10.8%.
Don't know the details yet.

Julia

 

[Chief Wigam]

Re: TPI - Transpacific Industries

No I haven't dared enter yet either. Some really small buyers today buying 1, 14, 15 shares each etc, I have noticed. Not sure if that is what happens every day cause I don't watch the screen that much. Any ideas what that might be?

 

[Chief Wigam]

Re: TPI - Transpacific Industries

How they are going to consolidate all those acquisitions is somewhat concerning. They also have high debt. If they fail to impress at the FY06 results announcement, they will get smashed.

 

[Chief Wigam]

Re: TPI - Transpacific Industries

Big announcement due tomorrow.

 

[michael_selway]

Re: TPI - Transpacific Industries

Big announcement due tomorrow.

hi what happened?

thx

MS

 

[Chief Wigam]

Re: TPI - Transpacific Industries

nothing. the sp is going to do nothing for a while. I thought an acquisition was going to be announced, but frankly, even if it was, the sp would still have done nothing.

 

[Chief Wigam]

Re: TPI - Transpacific Industries

Bought back in at 8.01

 

[michael_selway]

Re: TPI - Transpacific Industries

Bought back in at 8.01

really how come?

thx

MS

 

[rosie]

Re: TPI - Transpacific Industries

tech/a, is that chart TPI? my data is quite different to that chart.

 

[rosie]

Re: TPI - Transpacific Industries

Disregard tech/a, was looking at an earlier page

 

[Lachlan6]

Re: TPI - Transpacific Industries

Look how well the fibonacci works again. Dropped to round 50% retracement. Will need a break above $8.50 to retest all time highs and blue sky.